Saudi Arabia Contraceptive Devices Market Report 2022 to 2030

Saudi Arabia Contraceptive Devices Market Analysis

$ 3999

Saudi Arabia's Contraceptive Devices Market is expected to witness growth from $219 Mn in 2022 to $453 Mn in 2030 with a CAGR of 9.50% for the forecasted year 2022-30. Saudi Arabia is becoming more and more conscious of the value of family planning, which has increased the demand for contraceptive methods. The market is segmented by type and by gender. Some key players in this market include Tabuk Pharmaceuticals, SITCO Pharma, Mylan Laboratories, Mankind Pharma, CooperSurgical, Pfizer, and Teva Pharmaceutical.

ID: IN10SAMD005 CATEGORY: Medical Devices GEOGRAPHY: Saudi Arabia AUTHOR: Jigyasu Bhandari

Buy Now

Saudi Arabia Contraceptive Devices Healthcare Market Executive Analysis

Saudi Arabia's Contraceptive Devices Market is expected to witness growth from $219 Mn in 2022 to $453 Mn in 2030 with a CAGR of 9.50% for the forecasted year 2022-30. The budget for Saudi Arabia in 2023 would spend 4.96% less on healthcare than it did in 2022. Health spending will account for 5.98% of GDP in 2023. Men can anticipate living to an average age of 78.68in Saudi Arabia, while women can anticipate living to an average age of 78.56. In 2023, out-of-pocket costs as a percentage of total health spending in Saudi Arabia were 15.65%.

In Saudi Arabia, there are going to be 12 maternal deaths per 100,000 live births in 2022. Chlamydia was the most prevalent disease in Saudi Arabia, where the overall prevalence of STIs was 5.5%. In Saudi Arabia, many people use contraceptive methods to manage their families and avoid unexpected pregnancies. Contraceptive methods are primarily used to avoid unwanted pregnancies, which can assist women and couples in spacing out their children under their financial and personal conditions. By reducing unplanned pregnancies, which can lower the chance of difficulties during pregnancy and childbirth, the use of contraceptive devices can assist in lowering maternal mortality and morbidity. By enabling women to pursue educational and professional opportunities, which may have long-term positive effects for both them and their families, the use of contraceptive devices can assist enhance economic results.

Saudi Arabia Contraceptive Devices Market Analysis

Market Dynamics

Market Growth Drivers

The Saudi Arabian market is projected to have a high demand for manufacturers that can create cutting-edge and efficient contraceptive methods. There is a chance for manufacturers to set themselves apart from rivals because there is a rising desire for products that are simple to use, durable, and have fewer adverse effects. Saudi Arabia is becoming more and more conscious of the value of family planning, which has increased the demand for contraceptive methods. As more people become aware of the advantages of family planning and look for contraceptive options, this trend is anticipated to continue. The need for contraceptive devices is rising in Saudi Arabia as more people move to metropolitan regions. Higher wealth and education levels are linked to urbanisation, which may increase people's knowledge of family planning and willingness to take contraceptives.

Market Restraints

The Saudi Arabian market is highly price-sensitive, and customers can be hesitant to spend more money on expensive contraceptive methods. This may restrict the market for more expensive or inventive products and may make it difficult for producers to set themselves apart through the features or quality of their goods. Despite government initiatives to increase access to reproductive health services, some regions of Saudi Arabia still have few medical facilities. This may restrict access to the availability of contraceptive methods, especially in rural areas. Although Saudi Arabia has a wide variety of contraceptive options, only a few major companies control the majority of the market. This may reduce product innovation and variety, which may discourage certain customers from utilising methods of contraception.

Competitive Landscape

Key Players

Tabuk Pharmaceuticals (SA)
SITCO Pharma (SA)
Mylan Laboratories
Church & Dwight
CooperSurgical
Pfizer
Teva Pharmaceutical

Healthcare Policies and Regulatory Landscape

The Saudi Food and Drug Authority (SFDA), which is in charge of monitoring the efficacy and safety of contraceptive devices in the nation, regulates the contraceptive device market in Saudi Arabia. The Ministry of Health has administrative control over Saudi Arabia's primary medical device regulating authority, the SFDA. The Saudi Arabian government has put into practice a number of healthcare policy initiatives targeted at enhancing access to reproductive health services, including contraceptive devices. For instance, the National Family Planning Programme, sponsored by the Ministry of Health, offers information and services about family planning and reproductive health. The Ministry of Health has also put into place initiatives to lower rates of maternal and infant mortality, which may help to increase the market for contraceptive devices.

1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Contraceptive Devices Market Segmentation

By Type (Revenue, USD Billion):

A condom is a sheath-shaped barrier device used during sexual intercourse to reduce the probability of pregnancy or a sexually transmitted infection (STI). There are both male and female condoms. With proper use, women whose partners use male condoms experience a 2% per-year pregnancy rate. Their use greatly decreases the risk of gonorrhea, chlamydia, trichomoniasis, hepatitis B, and HIV/AIDS, per the World Health Organization Updates in November 2020. To a lesser extent, they also protect against genital herpes, human papillomavirus (HPV), and syphilis. Hence, the other reasons that aid the growth of the contraception devices market are the rising occurrence of STDs and the substantial increase in the population

Condoms
Diaphragms
Cervical Caps
Sponges
Vaginal Rings
Intra Uterine Devices (IUD)
Other Devices

By Gender (Revenue, USD Billion):

Based on Gender the contraceptive devices market is segmented into male and female.

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.